Bitcoin Depot Inc. (BTM)

NASDAQ: BTM · IEX Real-Time Price · USD
1.900
0.00 (0.00%)
At close: May 17, 2024, 4:00 PM
1.850
-0.050 (-2.63%)
After-hours: May 17, 2024, 7:42 PM EDT
0.00%
Market Cap 27.44M
Revenue (ttm) 663.90M
Net Income (ttm) -27.64M
Shares Out 14.44M
EPS (ttm) -1.82
PE Ratio n/a
Forward PE 18.50
Dividend n/a
Ex-Dividend Date n/a
Volume 78,815
Open 1.940
Previous Close 1.900
Day's Range 1.820 - 1.950
52-Week Range 1.358 - 10.845
Beta -0.37
Analysts Strong Buy
Price Target 5.13 (+170.0%)
Earnings Date May 14, 2024

About BTM

Bitcoin Depot Inc. owns and operates a network of cryptocurrency kiosks in North America. Its customers can buy and sell bitcoin, litecoin, and ethereum cryptocurrencies using the BTM kiosk network and other services. The company also engages in the sale of cryptocurrency to consumers at a network of retail locations through its BDCheckout product offering, as well as its website through over-the-counter trade. The company is headquartered in Atlanta, Georgia. Bitcoin Depot Inc. is a subsidiary of BT Assets, Inc. [Read more]

Industry Capital Markets
Sector Financials
Founded 2016
Employees 124
Stock Exchange NASDAQ
Ticker Symbol BTM
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for BTM stock is "Strong Buy." The 12-month stock price forecast is $5.13, which is an increase of 170.00% from the latest price.

Price Target
$5.13
(170.00% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Bitcoin Depot Reports First Quarter 2024 Financial Results

Strengthens Footprint with Over 2,000 New Retail Locations Signed in the First Quarter of 2024 Committed to Acquire Approximately 3,200 Additional Kiosks Year-to-Date to Support Expansion Strategy Rem...

4 days ago - GlobeNewsWire

Bitcoin Depot Schedules First Quarter 2024 Conference Call for Tuesday, May 14th at 10:00 am ET

ATLANTA, May 06, 2024 (GLOBE NEWSWIRE) -- Bitcoin Depot (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM operator and leading fintech company, will hold a conference call and live audio we...

12 days ago - GlobeNewsWire

Bitcoin Depot Announces Strategic Investment from Sopris Capital

ATLANTA, April 25, 2024 (GLOBE NEWSWIRE) -- Bitcoin Depot (“Bitcoin Depot” or the “Company”) (NASDAQ: BTM), a U.S.-based Bitcoin ATM (“BTM”) operator and leading fintech company, today announced a str...

23 days ago - GlobeNewsWire

Bitcoin Depot Announces Multi-Million Dollar Investment from Fund for 250 BTMs Through Profit Share Program

Sets a New Milestone for the Program with the Largest Investment to Date, Advancing the Company's Ambitious Growth Strategy Throughout North America Sets a New Milestone for the Program with the Large...

5 weeks ago - GlobeNewsWire

Bitcoin Depot Expands into Puerto Rico with Nearly 100 BTM Locations Signed

ATLANTA, March 26, 2024 (GLOBE NEWSWIRE) -- Bitcoin Depot (NASDAQ: BTM), a U.S.-based Bitcoin ATM (“BTM”) operator and leading fintech company, plans to install its BTM machines in 87 retail locations...

7 weeks ago - GlobeNewsWire

Bitcoin Depot Reports Fourth Quarter and Full Year 2023 Financial Results

FY 2023 Record Revenue of $689 Million, Up 7% Year-over-Year FY 2023 Net Income of $1.6 Million, Down 54% Year-over-Year FY 2023 Record Adjusted EBITDA (non-GAAP) of $56 Million, Up 37% Year-over-Year...

7 weeks ago - GlobeNewsWire

Bitcoin Depot Announces Sale of 50 New BTM Kiosks to Sopris Capital Through Franchise Program

Franchise Program to Support the Company's Bold Expansion Strategy as North America's Market Share Leader Franchise Program to Support the Company's Bold Expansion Strategy as North America's Market S...

2 months ago - GlobeNewsWire

Bitcoin Depot Schedules Fourth Quarter 2023 Conference Call for Monday, March 25th at 11:00 am ET

ATLANTA, March 11, 2024 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM operator and leading fintech company, will hold a conference call and live a...

2 months ago - GlobeNewsWire

Bitcoin Depot Completes Purchase of Roughly 400 Additional Bitcoin ATMs for Q1 2024 Expansion

Bitcoin Depot targets to have roughly 8,000 Bitcoin ATMs installed by the end of 2024 Bitcoin Depot targets to have roughly 8,000 Bitcoin ATMs installed by the end of 2024

3 months ago - GlobeNewsWire

Bitcoin ATM Operator Bitcoin Depot Announces Expansion Deal with Large Convenience Store Operator

Bitcoin Depot Plans to Install Bitcoin ATMs in Locations Across the US South Bitcoin Depot Plans to Install Bitcoin ATMs in Locations Across the US South

3 months ago - GlobeNewsWire

Bitcoin Depot Places Order for 500 New BTM Kiosks from Kiosk Provider Genmega

BTM Acquisition Will Support the Company's Bold Expansion Strategy as North America's Market Share Leader BTM Acquisition Will Support the Company's Bold Expansion Strategy as North America's Market S...

4 months ago - GlobeNewsWire

Bitcoin Depot to Deploy 940 Bitcoin ATMs at a National Convenience Store Retailer

Bitcoin Depot Plans to Install Kiosks in Roughly 940 Stores Across 24 US States to Provide Greater Access for Users to Fund Their Bitcoin Wallet with Cash Bitcoin Depot Plans to Install Kiosks in Roug...

4 months ago - GlobeNewsWire

Bitcoin Depot to Present at the Sidoti Micro-Cap Virtual Investor Conference

ATLANTA, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Bitcoin Depot (Nasdaq: BTM), a U.S.-based Bitcoin ATM operator and leading fintech company, today announced it will present at the Sidoti Micro-Cap Virtual I...

4 months ago - GlobeNewsWire

Bitcoin Depot Bolsters Expansion Efforts with the Addition of 13 New Sales Representatives Throughout the U.S.

Expanded Sales Team Will Prioritize Strategic Expansion as Bitcoin Depot Prepares for Continued Nationwide Growth to Increase Kiosk Installations and Strengthen Nationwide Access to Bitcoin Expanded S...

4 months ago - GlobeNewsWire

Bitcoin Depot Launches BDCheckout in Georgia, Expanding Footprint to 28 States

Through Partnerships with Major Convenience Retailers, BDCheckout Allows Customers to Load Cash to Their Bitcoin Depot Digital Wallets Through Partnerships with Major Convenience Retailers, BDCheckout...

5 months ago - GlobeNewsWire

Bitcoin Depot Founder and CEO Brandon Mintz Honored in Forbes 30 Under 30 Finance List

Recognition Comes After Landmark Growth Year for Bitcoin Depot and Historic Nasdaq Public Listing Recognition Comes After Landmark Growth Year for Bitcoin Depot and Historic Nasdaq Public Listing

5 months ago - GlobeNewsWire

Bitcoin Depot Named Preferred BTM Vendor with National Retail Association, AATAC

Company Secures Preferred Vendor Status for Bitcoin ATM Services to AATAC's 50,000 Members Company Secures Preferred Vendor Status for Bitcoin ATM Services to AATAC's 50,000 Members

6 months ago - GlobeNewsWire

Bitcoin Depot Reports Third Quarter 2023 Financial Results

Revenue of $179.5 Million, Up 3% Year-over-Year Net Income of $1.1 Million, Down 68% Year-over-Year Adjusted EBITDA (non-GAAP) of $13.9 Million, Up 21% Year-over-Year Reiterates Full Year 2023 Guidanc...

6 months ago - GlobeNewsWire

Bitcoin Depot Announces Distribution Partnership with CORD Financial Services

ATLANTA, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. (“Bitcoin Depot” or the “Company”) (NASDAQ: BTM), a U.S.-based Bitcoin ATM operator and leading fintech company, today announced its partn...

6 months ago - GlobeNewsWire

Bitcoin Depot Schedules Third Quarter 2023 Conference Call for Monday, November 13th at 11:00 am ET

ATLANTA, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM operator and leading fintech company, will hold a conference call and live au...

7 months ago - GlobeNewsWire

Bitcoin Depot Announces Share Repurchase Program

ATLANTA, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM operator and leading fintech company, today announced that its Board of Dire...

8 months ago - GlobeNewsWire

Bitcoin Depot Expands Retail Footprint with 400 New Locations Across Iowa and Louisiana via Partnership with InComm Payments

Provides Greater Access for Users Who Want to Fund Their Bitcoin Wallet with Cash Provides Greater Access for Users Who Want to Fund Their Bitcoin Wallet with Cash

9 months ago - GlobeNewsWire

Bitcoin Depot to Participate in the 3rd Annual Needham Virtual Crypto Conference, H.C. Wainwright 25th Annual Global Investment Conference, and Northland Capital Markets Institutional Investor Conference

ATLANTA, Aug. 24, 2023 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM operator and leading fintech company, announced today its participation at th...

9 months ago - GlobeNewsWire

Bitcoin Depot Earns Ranking on 2023 Inc. 5000 List of Fastest-Growing Private Companies in America

Leading Bitcoin ATM Operator Ranks in the Top 1000 for Fourth Consecutive Year Leading Bitcoin ATM Operator Ranks in the Top 1000 for Fourth Consecutive Year

9 months ago - GlobeNewsWire

Bitcoin Depot Reports Second Quarter 2023 Financial Results

Record Revenue of $197.5 Million, Up 18% Year-over-Year Net loss of $6.1 million, Down 249% Year-over-Year Adjusted EBITDA (non-GAAP) of $19.8 Million, Up 54% Year-over-Year Reiterates Full Year 2023 ...

9 months ago - GlobeNewsWire